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Daily Compliance News

November 19, 2020-Some good News edition


In today’s edition of Daily Compliance News:

  • Will Chevron stay in Venezuela under Biden? (Houston Chronicle)
  • Some (sort of) good news for Boeing. (WSJ)
  • Second investigation over Jeffrey Epstein at Victoria’s Secret. (NYT)
  • Apple to slash developer fees. (BBC)
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Daily Compliance News

November 11, 2020-Veterans’ Salute edition


In today’s edition of Daily Compliance News:

  • Boeing in line for additional penalties? (WSJ)
  • UK to require companies to report on climate change by 2025. (WSJ)
  • EU targets Amazon. (NYT)
  • Call up a veteran and thank him or her.
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Daily Compliance News

September 9, 2020-the Employees and Customers edition

In today’s edition of Daily Compliance News:

  • JPMorgan investigating both customers and employees over PPP fraud. (WSJ)
  • Even more Boeing production woes. (WSJ)
  • Will Mulan sink Disney? (NYT)
  • Trump payroll tax screw job on federal employees. (WaPo)
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Daily Compliance News

August 15, 2020-the Illegal Officials edition


In today’s edition of Daily Compliance News:

  • Top DHS officials appointed illegally. (WaPo)
  • Boeing in more trouble. (WSJ)
  • Sec. of Labor alleged to have personally intervened in Oracle case. (WSJ)
  • Was Beirut blast corruption or negligence. (FT)
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Daily Compliance News

July 10, 2020-the Thanks for the Birthday Wishes edition


In today’s edition of Daily Compliance News:

  • Boeing files into uncertainty. (WaPo)
  • United could furlough up to 36,000. (NYT)
  • Did Wirecard executes engage in money-laundering? (WSJ)
  • Go to dinner, go back to prison. (WSJ)
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Daily Compliance News

May 15, 2020-the Pots and Kettles edition


In today’s edition of Daily Compliance News:

  • Boeing CEO predicts demise of one major airline. (WSJ)
  • Trump Administration ponders ways to decimate USPS. (WaPo)
  • 4th Circuit reinstates emoluments suit. (Reuters)
  • SEC brings charge against 2 companies over Covid-19 testing claims. (WSJ)
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Daily Compliance News

April 27, 2020-the Worker Health edition

In today’s edition of Daily Compliance News:

  • Boeing pulls the plug on deal with Embraer. (NYT)
  • Did Huawei do business in Iran? (NYT)
  • FCPA enforcement here to stay. (WSJ)
  • Will Trump Administration gut worker health safety?(WaPo)
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Daily Compliance News

April 25, 2020-the Boeing & Embraer edition

In today’s edition of Daily Compliance News:

  • Willing Boeing pull the plug on deal with Embraer. (FT)
  • Amazon required to protect workers (in France). (FT)
  • Richard Branson has a change of heart. (FT)
  • What will private equity do with bailout money?(FT)
Categories
Daily Compliance News

March 9, 2020-the Culture of Concealment edition


In today’s edition of Daily Compliance News:

  • More Boeing fines. (NYT)
  • Congressional Report finds Boeing had a ‘culture of concealment’. (WSJ)
  • What’s a few drinks at a strip club (and billing it to the government?) (WSJ)
  • Court finds Amazon likely to win suit on Pentagon contract. (Washington Post)
Categories
Accountability: The Heart of Compliance

Boeing, Part 3-Creating An Accountable World


We have been getting accountability all wrong in the compliance profession. It’s not a set of tasks – it’s a way of thinking and it has to come from the heart as well as the head. On Accountability: The Heart of Compliance Tom Fox and Sam Silverstein dig into what accountability means to the corporate compliance function and business organizations and most significantly, how to make it an integral part of your culture. In this episode Sam and I conclude our three-part series to considering the current disaster Boeing finds itself in from the accountability perspective and what it might do to crawl out of the deep hole it finds itself in. In this Part 3, we consider accountability to other stakeholders and what accountability means in a heavily regulated industry. Some of the highlights include:

  • What is the role of honor in accountability?
  • What are the three standards of an accountable legacy?
  • The role of culture is well understood in the compliance community. What is the role of accountability in creating and sustaining a great culture?

For more information on Sam Silverstein and his work on accountability, click here.